U.S. retail sales fall most in 9 years amid stock plunge

U.S. RETAIL SALES declined 1.2 percent from the prior month in December, according to Commerce Department figures released Thursday after a four-week delay due to the shutdown. / BLOOMBERG NEWS FILE PHOTO/DAVID PAUL MORRIS
U.S. RETAIL SALES declined 1.2 percent from the prior month in December, according to Commerce Department figures released Thursday after a four-week delay due to the shutdown. / BLOOMBERG NEWS FILE PHOTO/DAVID PAUL MORRIS
NEW YORK - United States retail sales unexpectedly fell in December, posting the worst drop in nine years in a sign of slower economic momentum at year-end amid financial market turmoil and the government shutdown. The value of overall sales fell 1.2 percent from the prior month after a downwardly revised 0.1 percent increase in…

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